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Re: Subprime 60 Day Late Worse than 2008-09 

By: micro in POPE 5 | Recommend this post (2)
Thu, 17 May 18 8:21 PM | 59 view(s)
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Msg. 01114 of 62138
(This msg. is a reply to 01098 by capt_nemo)

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I thought we did away with sub prime mortgages after the last failed economic disaster that PROVED if you have to borrow at deals like that, you really cannot afford the loan or the property to begin with....


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The above is a reply to the following message:
Subprime 60 Day Late Worse than 2008-09
By: capt_nemo
in POPE 5
Thu, 17 May 18 5:33 AM
Msg. 01098 of 62138

Authored by Adem Tumerkan via Palisade Research, Last week, used car prices had their biggest drop since 2009 – directly after the financial market meltdown of 2008. And right now, the auto market is showing signs of incredible worry. Delinquent subprime auto-loans are higher .

http://investmentwatchblog.us12.list-manage.com/track/click?u=b23beecbe6af6dce5dfd43483&id=146eb61c0d&e=b87368496a


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